Nintendo Stock Nosedives Following Earnings Report, Despite Record-Breaking Switch 2 Sales

via bloomberg.com

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Nintendo shares have seen their biggest drop in 18 months, after the company’s quarterly earnings call revealed a decline in profit margins and saw executives fending off rumors of a Switch 2 price hike. The Japanese gaming company’s stock fell as much as 11% in a single day following the earnings call, Bloomberg reports. While […]

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